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Are you asking why people can borrow money or why we have credit scores?
The idea of borrowing money and paying a fee to do so has been around since biblical times or perhaps before and we have this thing called credit so we may purchase things we do not have the ability to buy with cash. One good example is a house. Most people can not pay $200,000 cash for a home and it would take them many years to save that much (especially if they had to rent while saving the money), so they borrow a portion of it (like $165,000) and live in the house while they pay off the loan.
Credit scores are designed to help lenders determine if you have the ability to and if you actually will pay back a loan or not. The scores comes from things like your financial history. Paying things on time and not missing payments will help your score.
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Do Credit unions exist for one year then shut down after everyone pays off their loans?
no they do not they exist all the time
What are credit line rates and where do they exist?
Credit line rates refer to credit scores, often of a business or individual. One can find a credit line rate by speaking to representatives of banks or financial experts, for example.
What options exist for instant approval credit cards?
There are 2 options for instant approval of a credit card. The first being a card with no credit checks and the second being named pre-approved. Basically both names are based on the same principle.
Are there government programs to reduce credit card debt?
Currently, no government credit card debt settlement programs exist. Consumers who are in debt trouble do not have the option of government assistance to get out. What does exist, on the other hand, is publicizing by organizations, some of which are obligation settlement organizations, attempting their best to delude you. Here are few tips that you may try to get out of dept: (creditcardprocessing.com/2014/01/get-business-credit-card-debt/)
What are the costs and pitfalls of using a charge card a debit card and a credit card?
credit card: no worries if card is lost all you have to do is annul it. Debit card: you have to be in charge charge card: don't really exist
Does nyllara exist?
A credit card with no job
Why does credit union exist?
https://db.tt/6zcawdqX
What is the password for IMVU credit adder?
There is no password for an IMVU credit adder because it doesn't exist.
What is the statute of limitation for a credit card debt?
The limit does not exist!
Do Credit unions exist for one year then shut down after everyone pays off their loans?
no they do not they exist all the time
What are credit line rates and where do they exist?
Credit line rates refer to credit scores, often of a business or individual. One can find a credit line rate by speaking to representatives of banks or financial experts, for example.
What special offers exist for business credit cards?
There are credit card offers that suits for a company credit card. I suggest you get a low-interest one that has purchasing rewards to maximize your usage.
What is the name of a credit rating agency in Calgary?
DBRS is a credit rating agency with locations in Calgary. DBRS specializes in the gas and oil industry. Various other credit rating agencies exist in Canada and in the United States.
Is the new spouse reliable for child support in pa?
No, but if arrears exist, joint assets and credit may be affected.
What options exist for instant approval credit cards?
There are 2 options for instant approval of a credit card. The first being a card with no credit checks and the second being named pre-approved. Basically both names are based on the same principle.
Are there government programs to reduce credit card debt?
Currently, no government credit card debt settlement programs exist. Consumers who are in debt trouble do not have the option of government assistance to get out. What does exist, on the other hand, is publicizing by organizations, some of which are obligation settlement organizations, attempting their best to delude you. Here are few tips that you may try to get out of dept: (creditcardprocessing.com/2014/01/get-business-credit-card-debt/)
Which credit cards have the best rewards for someone who travels?
Many credit cards exist nowadays, as a result of the numerous different banks. Some credit cards that have a good reward plan is the ones from Discover, they offer up to 10% cash back on travel purchases.
